Sportsplex, entertainment centers included in Greenwood expansion plan

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GREENWOOD, Ind. (WTHR) - Greenwood Mayor Mark W. Myers announced Monday a partnership with Gershman Partners and the Hallett family to bring a $40 million retail and entertainment center to Greenwood.

Indy Fuel owners Jim and Sean Hallet and Indianapolis-based Gershman Partners made the private investment to develop 60 acres of real estate along Interstate 65, south of County Line Road. This is the same land that has seen delays in development the last couple years.

The new plan has two components: the Greenwood Sportsplex and separate, standalone retail, dining, and entertainment businesses.

Indiana Ice Arenas, owned by the Hallett family, estimates $25 million into the Greenwood Sportsplex. It will include two ice rinks, two turf fields, five basketball courts, a fitness/training facility, pro shop, locker rooms and food service facilities. The turf fields and basketball courts would also be able to convert to two more ice rinks and ten volleyball courts, respectively. At 175,000 square-feet, it would be one of the nation's largest recreational sports facilities.

"From Day One, our mission has been to create and sustain a future for hockey in Indiana," said Sean Hallett. "With the Greenwood Sportsplex, we’re able to move closer to that goal while offering a number of opportunities in other youth sports as well. This is going to be a first-class facility."

"The project creates a focus for youth sports in the Midwest and positions our city to host a variety of regional and national events," said Myers.

Gershman Partners is investing $15 million into the second component of the expansion. The commercial real estate company has already made agreements with Xscape Theatres and Main Event Entertainment to serve as anchors of the hospitality hub.

Other plans include a hotel and convenience store, with opportunities for other retail shops and even medical offices in the future.

The Greenwood Redevelopment Commission will have a meeting Monday night to hear about details for the project and requested incentives. Those incentives include $3.7 million for construction site improvements, $1.8 million for infrastructure improvements to County Line and Graham Roads, and a $3 million reimbursement for improvements to the Greenwood Sportsplex.

The commission will vote on incentive packages July 11.

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